Local councils
The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says
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The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says
[updated]
As the Government proposes a rates cap, councils may be forced to take on more debt if they ‘hope to plough on’ with investments and ‘this would be a credit negative,’ S&P says
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As the Government proposes a rates cap, councils may be forced to take on more debt if they ‘hope to plough on’ with investments and ‘this would be a credit negative,’ S&P says
[updated]
Local Government Minister Simon Watts unveils rates cap with a target range of 2% to 4% increases, saying ‘ratepayers deserve councils that live within their means’
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Local Government Minister Simon Watts unveils rates cap with a target range of 2% to 4% increases, saying ‘ratepayers deserve councils that live within their means’
Council rates will continue to increase over the next few years - but not as rapidly, ANZ economists say
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Council rates will continue to increase over the next few years - but not as rapidly, ANZ economists say
Document on climate adaptation framework 'quite silent' over where costs will fall, Local Government New Zealand says
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Document on climate adaptation framework 'quite silent' over where costs will fall, Local Government New Zealand says
Kirdan Lees says the idea of lower local government rates for everyone doesn’t stack up and cutting rates would ultimately be counterproductive, leading to deferral of capital investments
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Kirdan Lees says the idea of lower local government rates for everyone doesn’t stack up and cutting rates would ultimately be counterproductive, leading to deferral of capital investments
Central government’s bid to corporatise council assets raises more questions than it answers, writes NZ Initiative's Jason Krupp
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Central government’s bid to corporatise council assets raises more questions than it answers, writes NZ Initiative's Jason Krupp
Commissioner for the Environment warns more homes in NZ lie less than 50cm above the spring tide level, than those red zoned after the Canterbury quakes
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Commissioner for the Environment warns more homes in NZ lie less than 50cm above the spring tide level, than those red zoned after the Canterbury quakes
Local authorities oppose moves to introduce an 'objections' process against council-imposed development contributions
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Local authorities oppose moves to introduce an 'objections' process against council-imposed development contributions
Auckland Council warns of 8.5% rates hike and $480 mln of debt due to Govt changes on development contributions
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Auckland Council warns of 8.5% rates hike and $480 mln of debt due to Govt changes on development contributions
Less than 13% of Aucklanders have voted so far in the local body elections; below the figures in Wellington and Christchurch
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Less than 13% of Aucklanders have voted so far in the local body elections; below the figures in Wellington and Christchurch
The Government's introducing a new layer of bureacracy to deal with disputes over so-called 'development contributions'
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The Government's introducing a new layer of bureacracy to deal with disputes over so-called 'development contributions'
It will be mandatory for local councils to undertake strategic asset management planning; councils warn on costs
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It will be mandatory for local councils to undertake strategic asset management planning; councils warn on costs
ANZ and BNZ are the banks holding the bulk of the troubled Kaipara District Council's debt as ratepayers revolt
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ANZ and BNZ are the banks holding the bulk of the troubled Kaipara District Council's debt as ratepayers revolt
Govt's local council shake-up looms; Less likely to be rates caps, but will look at ways to encourage councils to keep hikes down, Key says
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Govt's local council shake-up looms; Less likely to be rates caps, but will look at ways to encourage councils to keep hikes down, Key says